Subject: S7-32-10: WebForm Comments from Nathan Yearsley
From: Nathan Yearsley
Affiliation:

Oct. 29, 2022



October 29, 2022

 We the investors of the greatest market in the world deserve transparency about our investments. I cannot see how anyone can have faith in our markets when our market makers are exempt from reporting crucial information to investors such as the swaps that are held by large banks and hedge funds. These obfuscated positions have a direct negative impact on mine and everyone else's investments. The lack of clarity and reporting allows large players in our markets to act behind a veil of secrecy and if there is anything that 2008 has taught us, it is that these large firms do not deserve the protection or bailouts from the fallout of their deceptive, immoral, and illegal business practices. Too often are the large firms given the opportunity to pay a small fine that is a fraction of their illicit gains while not being forced to admit any wrong doing. If I were to rob a bank it would be insane to assume that I could pay a fine that is smaller than the amount stolen while not being found
 guilty of the crime, but this is the exact courtesy and leniency offered to those in places of financial power. We the investors demand transparency because we deserve it.